$215,000
SOLD DEC 10, 2025

702 3rd St Spencer, NC 28159

2 Beds
1 Bath
1,226 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

39 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot
  • Laundry Room
  • Ceiling Fan

About This Home

As of December 2025

Located in Spencer near the North Carolina Transportation Museum, this 1.5 story home has been updated with new LVP flooring, new kitchen quartz countertops, cabinets, dishwasher, microwave & electric range. Newly constructed wooden deck has been installed at the rear door. New handrails installed at front porch. Fresh painting throughout the house has been done. The bathroom has been updated with a new cabinet, new countertop, faucet, lighting fixture, mirror, and toilet. The primary bedroom has a walk in closet and a storage closet. The living room has a lovely fireplace and mantle. There is another 415 sq. ft. of heated and cooled flex space upstairs that can be utilized for office, craft rooms or play rooms. Upstairs ceiling height is approximately 6'9". The partial basement has plenty of storage space. A French drain is installed in the basement where the HVAC condensate line drains. Your pet will enjoy playing in the fenced in back yard. This .23 acre lot has plenty of outdoor space for gardening. This home has been a rental and seller detected organic growth on the exterior walls of the living room, dining room, kitchen and basement. Seller had professional contractor to remediate the organic growth which included some replacement of sheetrock. Documentation is available. Permit was obtained for the wooden deck installation. Since this home utilized asbestos siding back in 1940, testing did confirm asbestos siding and on the sealant which covers the side porch roof. Seller does not intend to remove siding since there is a vinyl exterior installed over the old siding. Condition of the fireplace not known. HVAC condensate drains into french drain located in basement. Seller is a licensed real estate broker and is related to the co-listing agent. Neither agent lived in the house. The seller has done everything possible to make this house safe and in a ready to move in condition. Feel free to bring your questions and showing requests!
--Back On Market--buyer terminated contract after inspection. Seller is investigating known repair issues discovered from inspection. Contact listing agent to obtain the information.

Last Agent to Sell the Property

Wendell Rummage

Lantern Realty & Development, LLC Brokerage Email: realtor.wendell.rummage@gmail.com License #288825 Listed on: 10/03/2025

Lantern Realty & Development, LLC

Co-Listed By

Devin Villanueva

Lantern Realty & Development, LLC Brokerage Email: realtor.wendell.rummage@gmail.com License #358980

Last Buyer's Agent

Dettzabel Rivero Chacin

DASH Carolina

DASH Carolina

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Property is zoned R-6

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • French Drain
  • Crawl Space
  • Basement Storage

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033 285A

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 175.37
  • Geocode Confidence: High
  • Attribution Contact: realtor.wendell.rummage@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1226
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 1226
  • Has Basement: French Drain, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1226
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 033 285A
  • Zoning: R-6
  • Additional Parcels: No
  • Zoning Specification: Residential

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

3D Interior and Exterior Tours

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Burleson Dalton J
Bought by
Villanueva Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2016
Sold by
Carter Jeremi Dale and Carter Kerri Jo
Bought by
Burleson Dalton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2011
Sold by
Starburst Properties Llc
Bought by
Carter Jeremi Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Farmers & Merchants Bank Of Granite Quar
Bought by
Starburst Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2008
Sold by
Troutman Lorenzo C
Bought by
Farmers & Merchants Bank
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 --
Warranty Deed $90,000 None Available
Warranty Deed $89,000 None Available
Special Warranty Deed $30,500 None Available
Trustee Deed $40,513 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 New Conventional
Previous Owner $91,800 Adjustable Rate Mortgage/ARM
Previous Owner $90,000 New Conventional
Previous Owner $54,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 Sold $215,000 0.0% $175 / Sq Ft
10/03/2025 10/03/25 For Sale $215,000 -- $175 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,093 $185,219 $19,000 $166,219
2024 $2,093 $185,219 $19,000 $166,219
2023 $2,093 $185,219 $19,000 $166,219
2022 $1,347 $102,648 $16,000 $86,648
2021 $1,347 $102,648 $16,000 $86,648
2020 $1,347 $102,648 $16,000 $86,648
2019 $1,347 $102,648 $16,000 $86,648
2018 $1,218 $93,879 $16,000 $77,879
2017 $1,218 $93,879 $16,000 $77,879
2016 $1,218 $93,879 $16,000 $77,879
2015 $1,237 $93,879 $16,000 $77,879
2014 $1,329 $104,003 $14,500 $89,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4309115

Canopy MLS (Canopy Realtor® Association)

APN: 033-285A